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Nov 28, 2012
11/12
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has been a lot of work on the fiscal cliff. we have talked about medicare savings that can improve and strengthen the program and address rising national health expenditures. we will have more to say on the issue of taxes. we are ecstatic to have senator durbin here today, who has played a fundamental role over the last several years. he has been part of every negotiation that has taken place. he is still an optimist. that is a sign of progress. he has had a long history of being a champion and advocate for the middle class. he has carried that advocacy in the budget negotiations. he was part of the supercommittee, this fiscal, the gang of eight, the gang of six -- almost every gang that has been involved in these issues. he has been a fighter for what is right and for having a plan that stands true to the values of the american people and the people who voted and waited in line for hours on end to vote -- people who want a fair shake out of washington. as a champion of that fair shake, i am excited to have senator durbin. >> n
has been a lot of work on the fiscal cliff. we have talked about medicare savings that can improve and strengthen the program and address rising national health expenditures. we will have more to say on the issue of taxes. we are ecstatic to have senator durbin here today, who has played a fundamental role over the last several years. he has been part of every negotiation that has taken place. he is still an optimist. that is a sign of progress. he has had a long history of being a champion and...
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Jun 24, 2012
06/12
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you cannot solve our fiscal problems, and you cannot avoid the fiscal cliff if you sign grover norquist's pledge. in solving our fiscal problems are opposite poles. today, he is making house calls around capitol hill. in an hour or so he will be in the office building to offer tutorials to house republicans on what his tax pledge means for the negotiations later this year. the bullets he is doing is a sign of weakness. his relevance has been openly question for the first time lately. he is in full damage control mode. more and more republicans are beginning to decide that they do not care what he thinks. more and more republicans are realizing that to solve our nation's fiscal problems, they cannot be part of grover norquist's army. a couple of weeks ago, lindsey gramm said he had crossed the rubicon on the need for revenues and a deficit deal. he urged his fellow republicans to join him in putting the needs for a grand bargain ahead of the pledge. never one to shy away from a flight with norquist said the well to do our ok paying some more taxes as long as they're going to pay down the d
you cannot solve our fiscal problems, and you cannot avoid the fiscal cliff if you sign grover norquist's pledge. in solving our fiscal problems are opposite poles. today, he is making house calls around capitol hill. in an hour or so he will be in the office building to offer tutorials to house republicans on what his tax pledge means for the negotiations later this year. the bullets he is doing is a sign of weakness. his relevance has been openly question for the first time lately. he is in...
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Nov 11, 2012
11/12
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. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. if we take reagan's path of less spending and regulation, he has a million more americans at work today than obama does. i would rather have his recovery and all the revenue that flows from that. if you grew 4% a year instead of 2%. the difference between growing from 4% instead of 2% is $5 trillion in additional revenue to the federal government. nobody is talking but raising taxes $5 trillion. why not focus to reduce rates, have lower taxes, it to get more growth. you actually net more additional revenue. >> it seems like john boehner is now willing to get that revenue not just from the e
. >> moving ahead to the fiscal cliff. john boehner has reiterated that the newly elected house republican majority is opposed to raising tax rates. they're willing to accept new revenue under certain conditions. what is your reaction to that? them have signed? -- could that violate the pledge that most of them assigned to? >> if we had a recovery the strength of reagan's recovery, there would be 10 million more americans at work today. if we take reagan's path of less spending and...
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Oct 21, 2012
10/12
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. >> there's been a lot of talk about the fiscal cliff. the automatic spending cuts, the tax increases unless congress finds an alternative way to reduce the deficit. here we are before the election. what are the odds that you think you will find a way out of this mess? as opposed to going over the cliff? >> their decent odds. we will avoid a part of the fiscal cliff. and let me explain. with respect to the sequester part, the automatic, across-the- board cuts that take place on defense and non-defense, i think there's a good chance we could come up with something for a good period of time. there's a reasonable chance we can do that. when it comes to the tax issue, i think it is a potentially different story. we have been quick. and president obama has been clear. we want it to extend middle- class tax relief, months ago. republicans have taken the position that unless you extend a bonus tax break for wealthier individuals, then nobody gets a tax cut extension. and if republicans and here to that position, it is very likely they would then
. >> there's been a lot of talk about the fiscal cliff. the automatic spending cuts, the tax increases unless congress finds an alternative way to reduce the deficit. here we are before the election. what are the odds that you think you will find a way out of this mess? as opposed to going over the cliff? >> their decent odds. we will avoid a part of the fiscal cliff. and let me explain. with respect to the sequester part, the automatic, across-the- board cuts that take place on...
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Nov 22, 2012
11/12
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clearly, when you look at the fiscal condition, the consequences of going over the fiscal cliff -- republicans are going to have to abrogate that pledge. it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the president's somewhere in the middle on this to get the country's fiscal path on a path to solvency so we can start to have economic growth again in the country. >> do you want to comment a little bit about what you expect from the next six weeks? not even six weeks? however many weeks it is now between -- between now and the start of this booklet. working in the white house limits what you can say, but how you see his plan at between now and january? >> steve is exactly right, all the you are seeing a very concerted members of the house dig in on a no revenues. it is good to see many republicans saying yes. i c
clearly, when you look at the fiscal condition, the consequences of going over the fiscal cliff -- republicans are going to have to abrogate that pledge. it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the...
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Dec 28, 2012
12/12
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host: what led to the fiscal cliff? guest: the fiscal cliff is the combination of a bunch of different tax and spending decisions made by washington, dating back over the past 12 years. we had the bush tax cuts that began in 2001 and 2003. we extended them under president obama. those are set to end on monday. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two years, takes about two percentage points off people's taxes, bill will end on monday. business tax breaks, bill will end on monday. the alternative minimum tax, which is confusing, but it would be a disaster if that was not taken care of, because it would raise the taxes of about 30 million americans for their 2012 income and 2013. and all the confusion could screw up the whole tax filing season. who knows when you will be filing your taxes, because the irs does not know which tax rates will be applied and who will be responsible for
host: what led to the fiscal cliff? guest: the fiscal cliff is the combination of a bunch of different tax and spending decisions made by washington, dating back over the past 12 years. we had the bush tax cuts that began in 2001 and 2003. we extended them under president obama. those are set to end on monday. $110 billion in annual spending cuts were agreed to under president obama as part of the debt ceiling negotiation. those begin on tuesday. we have the payroll tax cut in place for two...
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Nov 11, 2012
11/12
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what happens now that you have the fiscal cliff? you have this deadline, how does that change? does your approach change post- election now? >> there is definitely a demographic change. we all recognize that. there is a school of people that work in demographics who said that if romney had won this election it would be the last national election that a republican would win under the same rules and principles. if you look at the numbers and there was a zogby poll that came out this afternoon that shows where -- how those numbers have changed over the last two or four years and they are significant. republicans have to address that when -- one way or another. i had dinner with arthur davis who outlined what he thought and his points were significant in terms of what blacks and hispanics believe or what the one. it will be of long time before the wind. >> regarding the fiscal cliff, and the economic issues. what we saw last night were that the voters voted for the status quo which is gridlock. they did not see a clear distinction between either of the party so they went with what
what happens now that you have the fiscal cliff? you have this deadline, how does that change? does your approach change post- election now? >> there is definitely a demographic change. we all recognize that. there is a school of people that work in demographics who said that if romney had won this election it would be the last national election that a republican would win under the same rules and principles. if you look at the numbers and there was a zogby poll that came out this...
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Nov 27, 2012
11/12
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in the negotiations or the fiscal cliff. public events, private meetings, so far they are not set a date for them to get together. some quick headlines. tensions intensified in egypt as the muslim brotherhood president -- he has met with judicial leaders. that is the latest of egypt. and the los angeles times, syria is now a shell of its old self. the los angeles times reporting on that. and then this tension debate on whether susan rice should become the next secretary of state. this is the washington times. but as far back to our discussion this morning for all of you. going off the fiscal cliff, some democrats are saying that the possibility and wouldn't be so bad. steve, on our line for republicans, what do you think? caller: i totally agree with the caller from texas who said that we should return to the clinton era tax law. just think of that era we had. we had a budget surpluses. and we had a winning prosperity. i do not think we need to fear returning to the clinton tax law. and as the caller said from texas, the dem
in the negotiations or the fiscal cliff. public events, private meetings, so far they are not set a date for them to get together. some quick headlines. tensions intensified in egypt as the muslim brotherhood president -- he has met with judicial leaders. that is the latest of egypt. and the los angeles times, syria is now a shell of its old self. the los angeles times reporting on that. and then this tension debate on whether susan rice should become the next secretary of state. this is the...
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Dec 6, 2012
12/12
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on the brink of the fiscal cliff. when lot of the operations for social security are located in baltimore. she is out protesting. there was a big protests by workers at social security about some of the fiscal cliff discussions yesterday. roma in fairfield, california, line for independents. caller: i wanted to piggyback a little bit of what the others have said before me. i am an immigrant. akin to this country when i was very young. i'm very grateful for this country. i have lived in other countries, and this is the best country to be. having said that, when i came here it was required that i spoke english. when i go to businesses and schools and just about town all day in my regular day-to-day activities of daily living, a run into this barrier of language. in the school system, when you they say youceaddress it, just look away. it has gotten too politically incorrect. it is very hard to educate a glitch comprehending people if you have a heavy accent -- english-comprehending people if you have a heavy accent. i wo
on the brink of the fiscal cliff. when lot of the operations for social security are located in baltimore. she is out protesting. there was a big protests by workers at social security about some of the fiscal cliff discussions yesterday. roma in fairfield, california, line for independents. caller: i wanted to piggyback a little bit of what the others have said before me. i am an immigrant. akin to this country when i was very young. i'm very grateful for this country. i have lived in other...
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Dec 28, 2012
12/12
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cliff," "i hope you are getting the situation that we are not going over the fiscal cliff." sadly, i have to tell them that we are not there, we are not here, we are not working. every democrat, every republican ought to be here. the speaker ought to call us back into session. it is not as if we do not have a lot of work to do. in fact, we have a lot of work to do. secretary geithner sent a letter to me and others yesterday, and it was reported in the paper today that america will reach its debt limit on december 31. that needs to be dealt with so that we can maintain the creditworthiness of this nation, so we can give confidence to this economy. in addition to that, there is much other business to do. over the past weeks, majority leader cantor said the house would do the work necessary to finish the items we needed to get done by the end of the year. i talked to mr. cantor today and urged him to have us come back. they are having a discussion about that, i think, at 2:30, shortly, the republican conference on a call. i hope they conclude as we have concluded -- and i speak
cliff," "i hope you are getting the situation that we are not going over the fiscal cliff." sadly, i have to tell them that we are not there, we are not here, we are not working. every democrat, every republican ought to be here. the speaker ought to call us back into session. it is not as if we do not have a lot of work to do. in fact, we have a lot of work to do. secretary geithner sent a letter to me and others yesterday, and it was reported in the paper today that america...
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Oct 27, 2012
10/12
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. >> to want to talk about the nation's deficit, the fiscal cliff, debt. given national debt of $16 trillion. we are facing difficult with. all that has, left as has what do we do about it? there has been more talk about could the two parties do a grand bargain? something like you might see with the simpson bowles commission theory where it is a policy that says it will have $3 a dose spending cuts for every $1 in tax revenue increases. we are going to cut tax rates and eliminate possible deductions. cut entitlements. it will be pain involved but it will work money off the debt. could you support that? >> of my own plans on the table. i want to be able to put in the same thing i did when i was governor. a proposal that said every state agency had to take a 5% reduction and then redesign the department terry apple to the same thing to the federal government. -- and then redesign their departments. iw an want to do the same thingo the federal government. if you give secretaries the power to reduce their budget or take 5% and say reorganize their budget, it w
. >> to want to talk about the nation's deficit, the fiscal cliff, debt. given national debt of $16 trillion. we are facing difficult with. all that has, left as has what do we do about it? there has been more talk about could the two parties do a grand bargain? something like you might see with the simpson bowles commission theory where it is a policy that says it will have $3 a dose spending cuts for every $1 in tax revenue increases. we are going to cut tax rates and eliminate possible...
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Nov 29, 2012
11/12
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we are talking about so-called fiscal cliff issues. today we are looking at the payroll tax cut issue. this will be coming up in just a moment with kim dixon of reuters. here is an update from c-span radio. >> tim geithner and rob neighbors are meeting at the capitol with how to avoid tax increases and spending cuts. stock futures are up on the expectation that progress will be made towards reaching a fiscal agreement. dow features are up over 60 points. lord justice levenson is about to release his report into a phone hacking. the investigation lasted 12 months. the report will make recommendations on future press regulations and is expected to criticize politicians and police. david cameron will be making a statement in response to the report. c-span is covering these events. jay rockefeller is weighing in on this investigation saying that he hoped the report would contain to clear the air and hold the media organizations involved accountable for their deplorable conduct. "i understand the main goal is to make policy recommendations.
we are talking about so-called fiscal cliff issues. today we are looking at the payroll tax cut issue. this will be coming up in just a moment with kim dixon of reuters. here is an update from c-span radio. >> tim geithner and rob neighbors are meeting at the capitol with how to avoid tax increases and spending cuts. stock futures are up on the expectation that progress will be made towards reaching a fiscal agreement. dow features are up over 60 points. lord justice levenson is about to...
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Nov 29, 2012
11/12
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everybody knows about the fiscal cliff. this is a new moment filled with brett but that threat is also an opportunity. if we cannot do it now, and they know what the changes need to be but they have something that is forcing them to do it. this is the best moment we have had. let us hope we do not go through a political battle with a fight it out. we are left frustrated because they cannot govern. and the headlines the next day says u.s. still faces huge fiscal problems. but we really want them to do is put in place a plan big enough to fix the problem. double be but will have the outside of the certainty -- that will be what will have the outside -- upside of the certainty. the whole world is watching. the world is routine for us. people want the united states to climb out of this whole and fix this problem. the clock is ticking. thank you. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] what next, the former court shares of the former the opposite commission
everybody knows about the fiscal cliff. this is a new moment filled with brett but that threat is also an opportunity. if we cannot do it now, and they know what the changes need to be but they have something that is forcing them to do it. this is the best moment we have had. let us hope we do not go through a political battle with a fight it out. we are left frustrated because they cannot govern. and the headlines the next day says u.s. still faces huge fiscal problems. but we really want them...
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Dec 12, 2012
12/12
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negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for independents, 202-585-3882. you can also find us online. send us a tweet, twitter.com/c- spanwj. find a son facebook and weigh in there. at journal@c- span.org. "the christian science monitor," asked what we would be willing to give up. "americans would be willing to give up the tax deduction for charitable giving over other popular tax breaks." host: let's take a look at the results of this poll. 25% said that they would be willing to give up the charitable giving tax deduction. almost the same amount said it would be willing to give up their deduction for state taxes
negotiations continue over the so-called looming fiscal cliff. yesterday president obama and john boehner spoke by phone. washington post reported however that they are still working on a deal and nothing is locked down yet. we will talk more about the fiscal cliff this morning on "the washington journal." what tax deductions would you give up as part of a solution to the deficit problems? here are the numbers to call. for republicans, 202-585-3881. for democrats, 202-585-3880. for...
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Nov 11, 2012
11/12
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obviously we're facing this fiscal cliff, so we have to find some common ground. everybody's talking about revenue, nobody's talking about cutting. that's really what we need to be focusing on, because you can tax people into oblivion. at the end of the day, you're going to run out of their money, and you've got to cut the spending. you can't tax enough to cover the spending. so i want to hear about the cutting as well, and i think that's probably what most people, you know, in the tea party movement, they would agree with me on. but what i will say is that while, you know, he says that the electorate is not happy with what the tea party movement has been up to, i have to say that our approval numbers, we have more support than congress does. so, you know, i don't think that going after the tea party on this is -- i mean, it's not the right thing to do. all we want is for washington to live within their means. host: give us your thoughts regarding the outcome of tuesday's election. disappointed about the re- election of the president, but beyond that, talk to us a
obviously we're facing this fiscal cliff, so we have to find some common ground. everybody's talking about revenue, nobody's talking about cutting. that's really what we need to be focusing on, because you can tax people into oblivion. at the end of the day, you're going to run out of their money, and you've got to cut the spending. you can't tax enough to cover the spending. so i want to hear about the cutting as well, and i think that's probably what most people, you know, in the tea party...
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Nov 17, 2012
11/12
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i do not think they are prepared to deal with the fiscal cliff. before 1980, the tax system was balanced. at some point they changed the entire thing to benefit the wealthy. what they have done is taken the government workers and they have taken the private workers and made them make the stuff. they are selling stuff to the government workers that benefit the wealthy. the difference between the private sector is and what the government workers and what they make, that is the profit. that is what they do not want to balance the budget. the profit is in the interest of the wealthy. host: at the leadership level there is no interest in fixing these things because of the money involved? caller: yes, that is why you have mass poverty and food stamps. they cannot afford the things they are doing. pour and i worked really hard. a lot of people that are poor and work really hard and they are basically making stuff for the middle class or the government class. do you understand what i am saying? the new york times in their up --uwrite one of the people who
i do not think they are prepared to deal with the fiscal cliff. before 1980, the tax system was balanced. at some point they changed the entire thing to benefit the wealthy. what they have done is taken the government workers and they have taken the private workers and made them make the stuff. they are selling stuff to the government workers that benefit the wealthy. the difference between the private sector is and what the government workers and what they make, that is the profit. that is...
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Dec 9, 2012
12/12
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the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as lawmakers and the president toppled a number of issues that cannot wait. let's go back to the inauguration from generic 20, 2009, a few hundred feet from where we are at as he addressed the nation. he will do so again january next year. this is what he said nearly four years ago. [video clip] >> we must dust ourselves off and begin the work of remaking america. [applause] everywhere we look, there is work to be done. the state of our economy calls for action bold and swift. we will react to lay a new foundation for growth. electrical grids that bind us
the fiscal cliff deadline 22 days away. we want to begin with a look ahead at the second term agenda. in your mind, what did you think should be the number one priority. we will take your calls and comments. you can also join us on facebook and twitter. from the headlines this morning, including this from the washington post. there is also this story from "the huffington post." aspirations' including closing the educational achievement gap. the lofty goals may have to wait as...
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Dec 24, 2012
12/12
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fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will begin with the sunday review section of the "the new york times" yesterday. we want to get your take on this. it does religion influence your politics? with more people saying they are unaffiliated. we want to get your take. here are some comments from facebook this morning. what are your thoughts on this december 24, 2012. it does religion influence your politics? let me show you this from "the new york times" this morning. a new poll out worldwide religion shows up that one out of six follows no religion. th
fiscal cliff. two republican senators on the sunday talk shows yesterday say they agree with the president's position that both sides should avoid tax hikes on middle-class americans. also, nra executive said the group would not support any new gun laws in this country. good morning this monday, december 24, 2012. we will begin this morning with your thoughts on religion and politics. as a religion influence your political decisions? also send us your tweet if you go to twitter.com -- we will...
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Dec 13, 2012
12/12
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the threat of the fiscal cliff is real. we need to come together and pass a balanced package that continues building for a clean energy future. i yield back the balance of my time. the speaker pro tempore: the chair lays before the house an enrolled bill. the clerk: h.r. h.r. 2467, an act to take serl federal lands in mono county, california, into trust for the benefit of the bridgeport indian colony. the speaker pro tempore: pursuant to clause 8 of rule 20, the chair will postpone further proceedings today on motions to suspend the rules on which a recorded vote or the yeas and nays are ordered or on which the vote incurs objection under clause 6 of rule 20. record votes on postponed questions will be taken later. for what purpose does the gentleman from utah seek recognition? mr. chaffetz: mr. speaker, i move that the house suspend the rules and pass h.r. 4053 as amended. the speaker pro tempore: the clerk will report the title of the bill. the clerk: union calendar number 509, h.r. 4053, a bill to intensify efforts to id
the threat of the fiscal cliff is real. we need to come together and pass a balanced package that continues building for a clean energy future. i yield back the balance of my time. the speaker pro tempore: the chair lays before the house an enrolled bill. the clerk: h.r. h.r. 2467, an act to take serl federal lands in mono county, california, into trust for the benefit of the bridgeport indian colony. the speaker pro tempore: pursuant to clause 8 of rule 20, the chair will postpone further...
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Nov 14, 2012
11/12
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take a store with the fiscal cliff is. guest: it is all these different things, a lot of consumers face. one thing i thought was right about that usa today story is that it lays out how it will affect consumers. and about 90% of all americans could face potential increases in their tax bills. that could be everything from the payroll tax holiday expiring and seeing as paychecks go up. to seeing your individual tax in it, rate go up. and so these are a lot of different things that affect people's pocketbooks. and this is a big deal. especially to happen right after the election. >host: your reporting is as 90 percent of americans could be affected. guest: it would affect a lot of people a lot of different ways. people in the upper income brackets would face the largest amount of tax increases. because they pay the most income taxes. but everyone would see their payroll tax go up, other individual income tax, taxes on investment in, are at stake. and for corporations and businesses, they are concerned because there are a lot
take a store with the fiscal cliff is. guest: it is all these different things, a lot of consumers face. one thing i thought was right about that usa today story is that it lays out how it will affect consumers. and about 90% of all americans could face potential increases in their tax bills. that could be everything from the payroll tax holiday expiring and seeing as paychecks go up. to seeing your individual tax in it, rate go up. and so these are a lot of different things that affect...
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Dec 30, 2012
12/12
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taking a look at your twitter messages,-tag is fiscal cliff. -- the hash tag is fiscal cliff. >> also, this twitter message from about 30 minutes ago -- >> helen is in northport. you are on the air. caller: good afternoon. i am glad i lived in a country that allows me to make this phone call and speak my mind. i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says our liberties are being weakened. i am so sorry that they tried to discredit him. he makes a lot of sense. he bases his thinking on the founding fathers and their intentions. i am not very clear of the fiscal cliff. i understand that we are in trouble. the middle east situation that is going on is a can of worms. with our economic downturn, i am not so sure about that yet. even things like that mortgages, which is true. >> are you working? caller: i am unemployed, but i do? taxes. i stopped getting it in march of last year because of my health issues. >> unemployment is going to end, that is one of the expir
taking a look at your twitter messages,-tag is fiscal cliff. -- the hash tag is fiscal cliff. >> also, this twitter message from about 30 minutes ago -- >> helen is in northport. you are on the air. caller: good afternoon. i am glad i lived in a country that allows me to make this phone call and speak my mind. i adhered to the u.s. constitution. rep. ron paul was giving his retirement speech and to his credit, to his credit -- to me makes a lot of sense. i believe him when he says...
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Nov 28, 2012
11/12
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host: if you go to our website c-span.org/fiscal those plays cliff -- c-host:span.org/fiscal cldff. next it will have a roundtable discussion on the fiscal of. but first, in news update. >> patrick donahoe in remarks earlier today on cbs this morning said the agency must be allowed to use prepayments on the retirement health-care fun and allow general mail delivery on saturday. he said he thinks most people do not realize that in his words, we are 100% self-sufficient. we pay our own way. but the postal agency is losing $16 billion this year. the epa is set -- is temporarily suspending bp from new contracts with the u.s. government. two weeks ago, bp agreed to plead guilty involving -- in its involvement in the death of a love and oil workers in the oil spill in the gulf in 2010. bp also agreed to lying to congress over how much oil was spilled. defense secretary leon panetta, along with the vice president's wife, dr. khiel biden, -- jill biden, held a dedication at the vietnam memorial here in washington. it is expanding the planned scope of the center to include more recent servic
host: if you go to our website c-span.org/fiscal those plays cliff -- c-host:span.org/fiscal cldff. next it will have a roundtable discussion on the fiscal of. but first, in news update. >> patrick donahoe in remarks earlier today on cbs this morning said the agency must be allowed to use prepayments on the retirement health-care fun and allow general mail delivery on saturday. he said he thinks most people do not realize that in his words, we are 100% self-sufficient. we pay our own way....
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Dec 10, 2012
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host: we are focusing on the fiscal cliff. the campaign to fix the debt which is one of the organizations you write in your piece tww former senator allen simpson. >> stop instagramming your breakfast and getting on youtube so you can see gangnam style and start using those precious social media skills to go out and sign people up on this, three people a week, let it grow and don't forget take part or get taken apart. these old coats will clean out the treasury before you get there. guest: i have read about him n. washington it's better -- i've never seen a senator do the dance quite like that. host: the campaign to fix the debt has grown to 80 employees with 22 state offices and 2500 small businesses that have joined this campaign. guest: it's strat fear i can. i don't think i've seen the level because it's c.e.o. led so it's gotten a bunch of buzz. both chambers wants to meet with them and the white house wants to meet with them and it's created an interesting wrink toll see if they move on the other issues or if this is suc
host: we are focusing on the fiscal cliff. the campaign to fix the debt which is one of the organizations you write in your piece tww former senator allen simpson. >> stop instagramming your breakfast and getting on youtube so you can see gangnam style and start using those precious social media skills to go out and sign people up on this, three people a week, let it grow and don't forget take part or get taken apart. these old coats will clean out the treasury before you get there....
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Dec 13, 2012
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this current fiscal cliff has been coined by the press. this is not the real fiscal cliff. a total economic collapse of this nation if we do not stop spending. it does not not -- does not matter how they get the taxes. our current tax system, if we could tax people and spend more money than we bring in, then we are headed toward -- to a total collapse in the country. that is the real fiscal cliff. it is not going to happen january 1. it will happen sometime in the future. i do not see this administration really dealing with it. the policies of barack obama and his administration will really put us off the fiscal cliff. we are headed towards the depression. worse than the 1930's. spending will -- we have to stop the spending. let's stop taxing people. any higher than they have already been taxed. i would like to lower tax rates and lower taxes. get rid of corporate taxes, dividend taxes and capital gains taxes. let's have a policy that will really stimulate the economy and create millions of new jobs, bring de. we would create millions of new jobs. we would start raising up
this current fiscal cliff has been coined by the press. this is not the real fiscal cliff. a total economic collapse of this nation if we do not stop spending. it does not not -- does not matter how they get the taxes. our current tax system, if we could tax people and spend more money than we bring in, then we are headed toward -- to a total collapse in the country. that is the real fiscal cliff. it is not going to happen january 1. it will happen sometime in the future. i do not see this...
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Nov 12, 2012
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the article notes that the fiscal cliff would drive the u.s. economy back into recession next year and there would be a jump in the jobless rate to 9.1% by the end of 2013, according to this new report from the cbo. tell us about that. guest: this is a very unusual time. the fiscal with all of these really big fiscal issues,, we have never seen cdo come out before, you know, the official -- the cbo come out before, you know, the official estimate for the congress. we have never seen them come out with something like this before. they have been on the case since earlier this year. host: did member of congress ask them to do this report, or were they scheduled to do it? guest: i do not know the answer. i think they have issued a number of warnings as they have testified before congress. i think this is an update of the warnings that they have been doing. we are talking about, at least in the short term in 2013 a shock to the economy is nothing gets done. and a little bit of a lack of confidence, too. the statutory debt limit, there is some flexib
the article notes that the fiscal cliff would drive the u.s. economy back into recession next year and there would be a jump in the jobless rate to 9.1% by the end of 2013, according to this new report from the cbo. tell us about that. guest: this is a very unusual time. the fiscal with all of these really big fiscal issues,, we have never seen cdo come out before, you know, the official -- the cbo come out before, you know, the official estimate for the congress. we have never seen them come...
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Nov 29, 2012
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push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i don't want to be too rough on him. he talked about may be someday doing the tax increases. again, we have 92-plus guys in the house and senate who have taken the commitment. we have governors and state legislators who have taken the pledge. the reason why it's easier for me, i mean, you could have said, you could have written a story in 1990 when bush broke the pledge, first president to ever sign the pledge, reagan helped me design it but he was not running for re-election. >> you think you have job security. >> the tax issue is there and is an important part of the modern republican party
push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i...
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Dec 14, 2012
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you said the fiscal gap would be 5%. >> we have not solved the fiscal cliff. >> i should have said, as estimated by the congressional budget office. >> it is not my prediction? >> cbo will not take into account the slowdown in health care costs for a very long time. >> the bigger picture -- it is the slowing of health care costs enough to rid whatever tax or entitlement deal you expect next year for us to be able to say at the end of 2013 we fixed it medium term? >> not really. the first is that deceleration in health care costs is still in its infancy and it is too soon to conclude that it will persist. the second thing is that the revenue base that both sides are looking into. let's say we raise the marginal -- raise the marginal tax rate to 37%. that revenue base for 2020 does not work. the revenue base is too small. this is what both sides are agreeing to caps on discretionary spending because they want to hit a deficit target. the revenue base is inadequate to hit that target. so they rely on basic with a gimmick to get there, which is we promise we will cut spending by a certain
you said the fiscal gap would be 5%. >> we have not solved the fiscal cliff. >> i should have said, as estimated by the congressional budget office. >> it is not my prediction? >> cbo will not take into account the slowdown in health care costs for a very long time. >> the bigger picture -- it is the slowing of health care costs enough to rid whatever tax or entitlement deal you expect next year for us to be able to say at the end of 2013 we fixed it medium term?...
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Nov 28, 2012
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push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. . >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i don't want to be too rough on chand less. he talked about may be someday doing the tax increases. again, we have 92-plus guys in the house and senate who have taken the commitment. we have governors and state legislators who have taken the pledge. the reason why it's easier for me, i mean, you could have said, you could have written a story in 1990 when bush broke the pledge, first president to ever sign the pledge, reagan helped me design it but he was not running for re-election. >> you think you have job security. >> the tax issue is there and is an important part of the modern republi
push grover off the cliff"? >> again, we were on the fiscal cliff then. and attack me personally. >> there has been -- not so much a math argument but an argument that there has been a change in the way these issues are regarded, even by a lot of top republicans. . >> they are the same six people they brought out two years ago. saying the same thing. and again, and they didn't raise taxes before. they just thought about it. which is why you got into the impure thought. i...
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Nov 20, 2012
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the fiscal cliff elapsing tax cuts. the second piece is the sequestration. $100 billion a year being sequestered from the increases in the budget. these are not cuts the way you or i think of cuts. these are budget increasing not as rapidly as the various agencies will buy them to. the $2 billion of that is out of national defense and $30 billion of that at the domestic discretionary -- $50 billion of that is out of national defense and $50 billion of that is domestic discretionary. will the republicans keep obama on a short leash and give him an allowance every month in return for better behavior or will they give him a debt ceiling that goes along time? what will happen? one option is looked to history. two years ago we faced exactly this situation, the 2001 2003 tax cuts all lapsed. we had a republican house coming in, and democratic senate and democratic president. why would that not the way you do? obama says i will hold my breath until i term blue instead my feet -- i turn blue and stampd my feet. 2 years ago he s
the fiscal cliff elapsing tax cuts. the second piece is the sequestration. $100 billion a year being sequestered from the increases in the budget. these are not cuts the way you or i think of cuts. these are budget increasing not as rapidly as the various agencies will buy them to. the $2 billion of that is out of national defense and $30 billion of that at the domestic discretionary -- $50 billion of that is out of national defense and $50 billion of that is domestic discretionary. will the...
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Dec 30, 2012
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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Dec 14, 2012
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but this fight on the fiscal cliff is a skirmish. the real goal of obama is not to tax the top 2% of americans a little bit here or there. because -- if he got everything he wanted in this budget that he did for 2013, still $8 trillion short. the only way to get that is to loot the middle class with an energy tax and competitive enterprises to subpoena the documents on carbon tax that they have been discussing at treasury. they are hiding that carried the white house said they might be for a carbon tax if the republicans are. this is a president who promised never to raise taxes on the middle class. in energy tax is a body blow to middle income americans that is the real fight. obama wants carbon tax. and then a vat. that is the only way to get spending up as dramatically -- taxes up as dramatically as he is increased spending. host: colleen, new jersey, republican line. caller: first of all, peter, merry christmas. grover, i cannot tell you how important are to people, especially to new jersey. i want to let the entire country know
but this fight on the fiscal cliff is a skirmish. the real goal of obama is not to tax the top 2% of americans a little bit here or there. because -- if he got everything he wanted in this budget that he did for 2013, still $8 trillion short. the only way to get that is to loot the middle class with an energy tax and competitive enterprises to subpoena the documents on carbon tax that they have been discussing at treasury. they are hiding that carried the white house said they might be for a...
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Nov 26, 2012
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they want the fiscal cliff. it does essentially what they wanted to do, which is to raise taxes and impose a bunch of reductions in military spending. we all know that raising taxes on the rich will not raise enough money to substitute for a dollar rates on middle-class. -- raise. no tax on the super rich would ever recover enough money to even begin averting the financial clip. no reduction in foreign aid -- it is just less than 1% of the federal budget -- can address the fiscal cliff. we need to begin talking exactly the opposite of the way the federal government has worked so far. simply by starting with a budget on what we expect the income-tax to be instead of starting with what we would like to spend. that is backwards. you have to start with what you expect your income to be. host: here is what charlotte says on facebook. she says the tax rates are not creating any jobs, so stop talking out of both sides of your mouth, republicans. you can join that conversation on facebook. is with us from texas. caller:
they want the fiscal cliff. it does essentially what they wanted to do, which is to raise taxes and impose a bunch of reductions in military spending. we all know that raising taxes on the rich will not raise enough money to substitute for a dollar rates on middle-class. -- raise. no tax on the super rich would ever recover enough money to even begin averting the financial clip. no reduction in foreign aid -- it is just less than 1% of the federal budget -- can address the fiscal cliff. we need...
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Dec 28, 2012
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cliff that deals with this fiscal cliff. how irresponsible is that? what that means to americans and people all across the country is that instead of starting this year by people showing the courage to solve this problem, we will move this into next year, and what that means is the first quarter, the first six months of this next year, will be met with hand-to- hand combat as we deal with issues everyone knows has to be dealt with. what that really means to our citizens and citizens around the world is our economy is not going to be what it could have been. the quality of life for americans is not on to be what it should have been because we have not acted in a way that is proper, we are not carrying out the duties that we were hired to carry out. >> i am not even sure there is a question, but your proposal is over a 10-year period. yet a trillion-dollar increase in the debt ceiling will not even last a year. at best. >> right. >> do you know whatever you propose cuts to medicare that everybody gets out of this -- [indiscern
cliff that deals with this fiscal cliff. how irresponsible is that? what that means to americans and people all across the country is that instead of starting this year by people showing the courage to solve this problem, we will move this into next year, and what that means is the first quarter, the first six months of this next year, will be met with hand-to- hand combat as we deal with issues everyone knows has to be dealt with. what that really means to our citizens and citizens around the...
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Nov 7, 2012
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princeton young says going over part of the fiscal " read a cliff -- fiscal cliff would cost more than 70,000 jobs. it also confirmed many of those hit with a rate increase will be small business owners, the very people who both parties acknowledge are that he to private sector job creation. there is an alternative. it involves making real changes to the financial changes and reforming our tax code to curb special interest loopholes and deductions. by working together in creating a cleaner tax code, we can get our country is stronger, healthier economy. that means more revenue, which is what the president wants. because the american people expect us to find common ground, we are willing to except additional revenue by way of tax reform. there is a model that supports economic growth. in 1986, with a democrat house, and a republican president named ronald reagan. in 1986, there were skeptics who doubted the economic benefits of tax reform. those skeptics were wrong. a stanford economist said the 1986 reform is the sort of an unsung hero of the good economic times we have had for a long
princeton young says going over part of the fiscal " read a cliff -- fiscal cliff would cost more than 70,000 jobs. it also confirmed many of those hit with a rate increase will be small business owners, the very people who both parties acknowledge are that he to private sector job creation. there is an alternative. it involves making real changes to the financial changes and reforming our tax code to curb special interest loopholes and deductions. by working together in creating a cleaner...
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Oct 9, 2012
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remind us what the fiscal cliff is. guest: it is this big year-end, point, where a number of provisions need to be dealt with. it is a massive combination of taxes and spending. we have the george w. bush era tax cuts that were extended two years ago and now expire at the end of the year. these are tax cuts that lower tax rates,hat impact americans all across the income scale. you have tax breaks on higher income, lower income that would shift if congress fails to act. there are middle-class tax breaks that are part of that. congress does not do anything, almost everyone's taxes would go off. there is a sizeable package of spending cuts to the federal government, 100 billion for the next fiscal year that would hit several departments evenly across the pentagon and domestic agencies. these spending cuts were the product of white listeners would remember as the debt ceiling negotiations -- of what listeners would remember as the debt ceiling debate where leaders could not get the debt load under control and they essential
remind us what the fiscal cliff is. guest: it is this big year-end, point, where a number of provisions need to be dealt with. it is a massive combination of taxes and spending. we have the george w. bush era tax cuts that were extended two years ago and now expire at the end of the year. these are tax cuts that lower tax rates,hat impact americans all across the income scale. you have tax breaks on higher income, lower income that would shift if congress fails to act. there are middle-class...
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Nov 8, 2012
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guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but that is the primary focus. host: what about the immigration reform, margaret talev? when does that come up? guest: in some ways it already has. you saw the latino turnout, 70%, which set up latino activists saying basically to obama that you owe us. even states like texas and their future, there is discussion about that, but how have -- how fast will that happen with the fiscal cliff and divisions among the republican base and among the democratic party, moderates against liberals, it is complicated to figure out how big you can go with immigration
guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but...
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Nov 11, 2012
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the president counters the opening bid on the fiscal cliff. it points up the president is the first democratic to win reelection with a plan to raise income taxes and fighting bipartisan congressional leadership for the first time next friday speaking to resolve -- seeking to resolve the fiscal cliff issues. [video clip] >> last year i worked with democrats and republicans to cut $1 trillion worth of spending. i intend to work with both parties to do more. as i said over and over again, we cannot cut our way to prosperity. if we are serious about reducing the deficit, we have to combine spending cuts with revenue. that means asking the wealthiest of americans to pay a little bit more in taxes. that is how we did it when bill clinton was president, and that is the only way we can afford to invest in job training, education, and manufacturing. already i put forward a detailed plan that allows us to make these investments while reducing the deficit by $4 trillion over the next decade. i am open to compromise a new ideas, but i refuse to accept an
the president counters the opening bid on the fiscal cliff. it points up the president is the first democratic to win reelection with a plan to raise income taxes and fighting bipartisan congressional leadership for the first time next friday speaking to resolve -- seeking to resolve the fiscal cliff issues. [video clip] >> last year i worked with democrats and republicans to cut $1 trillion worth of spending. i intend to work with both parties to do more. as i said over and over again,...
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we have a fiscal cliff. congress has stalled. i have been very fortunate in my life. my mom only wanted one of her kids to graduate from high school. i have been able because of a great country to get an education and go to medical school, to be a police officer and a professor. that is because we have a country that is full of opportunity. >> your time's up. dr. carmona, we turn to mark victor. >> i'm a person who believes in freedom. i believe in individual rights and individual responsibility. that is why we are a superpower because we have had more freedom relative to other countries. i am not a politician. i say what i think. i do not sugarcoat things. i cannot change my views based on the audience i am in front of. i keep my promises. i am a man of principle. i started my first business at age 17. i am an honorably discharged united states marine. i served in desert storm. i am a criminal defense attorney for 19 years. i started off my law firm in 2007 and i employ 11 full-time people at my firm. i know what it is like to run a small business. we have strayed fa
we have a fiscal cliff. congress has stalled. i have been very fortunate in my life. my mom only wanted one of her kids to graduate from high school. i have been able because of a great country to get an education and go to medical school, to be a police officer and a professor. that is because we have a country that is full of opportunity. >> your time's up. dr. carmona, we turn to mark victor. >> i'm a person who believes in freedom. i believe in individual rights and individual...
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Nov 9, 2012
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they chose it because it turns the fiscal cliff around. in other words, deficits go down rather than up once you do $4 trillion of deficit reduction. most importantly, they put democrats and republicans together. it is necessary for the reasons i mentioned in my opening remarks. i think they did those things. as you know, i disagree with simpson-bowles. the mathematics does not work unless you are going to hurt the middle class. that is an area where i disagree and the president disagrees. the electorate agreed with us. we believe we have a mandate on that issue. overall, the basic structure is the right way to go. second question was -- look, it has to be a balanced approach. entitlements are on the table, medicare and medicaid. even when simpson-bowles included it, they did not add in deficit reduction. revenues and confidence for investors the amount of interest we pay. that is what we're talking about. host: on twitter -- what is his plan for jobs? guest: it has yet to be determined. how much tolerance will there be for more spending?
they chose it because it turns the fiscal cliff around. in other words, deficits go down rather than up once you do $4 trillion of deficit reduction. most importantly, they put democrats and republicans together. it is necessary for the reasons i mentioned in my opening remarks. i think they did those things. as you know, i disagree with simpson-bowles. the mathematics does not work unless you are going to hurt the middle class. that is an area where i disagree and the president disagrees. the...
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Dec 15, 2012
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after that, a look at the so- called fiscal cliff. then a discussion on have a fiscal cliff may affect medicare payments to doctors. tomorrow, we will take your calls and offers several perspectives on their reaction to the connecticut school shooting. wanda summers looks at how states are bracing for sequestration. >> my inspiration was the idea that i wanted to explain how this doesn't happen. we know the story of the cold war. we know the main events. i want to show from a different angle what did it feel like to subjected.he people' one of the things that has happened since 1989 is the region has become very differentiated. these countries no longer even have much in common except for the common memory of communist occupation. anne applebaum canad from her historical narrative "iron curtain" sunday night at 8:00. >> brian m. -- brian moynihan said the government and lenders and borrowers have to reset their expectations on home ownership. he called for fannie mae and freddie mac to return to their primary focus on helping low and
after that, a look at the so- called fiscal cliff. then a discussion on have a fiscal cliff may affect medicare payments to doctors. tomorrow, we will take your calls and offers several perspectives on their reaction to the connecticut school shooting. wanda summers looks at how states are bracing for sequestration. >> my inspiration was the idea that i wanted to explain how this doesn't happen. we know the story of the cold war. we know the main events. i want to show from a different...
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Sep 10, 2012
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i heard the country should allow -- driving off the fiscal cliff. i see romney squirming at the word "sequestration." what it raise revenue? what about that idea? guest: there has been speculation that if the fiscal cliff is driven off of, that republicanselease from their pledge. now that the taxes have gone up, it is a matter of lowering them. we do not know how serious this is. it doesn't change the underlying problem, which is they have precious little legislative time to deal with these issues and they are not doing themselves any favors by durtively coming into town an passing some bills and leaving. it would release them from any kind of pressure because they would only be of lowering taxes at that point. that is a gamble i don't think anybody would want to take and speaks to how much pressure that people are feeling. host: brad from arkansas, an independent. caller: i have two suggestions for advice on the budget, for the deficit. my first suggestion would be cut a lot of the military. as i see it, the war on terror is being conducted by bas
i heard the country should allow -- driving off the fiscal cliff. i see romney squirming at the word "sequestration." what it raise revenue? what about that idea? guest: there has been speculation that if the fiscal cliff is driven off of, that republicanselease from their pledge. now that the taxes have gone up, it is a matter of lowering them. we do not know how serious this is. it doesn't change the underlying problem, which is they have precious little legislative time to deal...
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Jul 24, 2012
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it is not that she wants to go over the fiscal cliff. the democrats would like to avoid going over the fiscal cliff. what we said is there is a very easy way to do that. at the end of the year of the tax cuts expire, all of them from 2001-2003, so that all income groups. we said instead of waiting until we get there, let's act now and extend tax relief for middle income taxpayers. republicans say we won't do it now unless you decide today to provide tax breaks to folks at the very top. we think that is not fiscally responsible. host: she said -- guest: exactly right. unless we can get a balanced deal, which is what the american people one according to almost every survey, which is what the bipartisan commission has called for, that all called for balance of deals, meaning if we reduce our long-term deficit, a combination of spending cuts but also revenues -- if we cannot get a balance deal, then we will have to deal with this issue in january but we could get a balanced deal right now if republicans would abandon their pledge to grover n
it is not that she wants to go over the fiscal cliff. the democrats would like to avoid going over the fiscal cliff. what we said is there is a very easy way to do that. at the end of the year of the tax cuts expire, all of them from 2001-2003, so that all income groups. we said instead of waiting until we get there, let's act now and extend tax relief for middle income taxpayers. republicans say we won't do it now unless you decide today to provide tax breaks to folks at the very top. we think...
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Nov 8, 2012
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guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but that is the primary focus. host: what about the immigration reform, margaret talev? when does that come up? guest: in some ways it already has. you saw the latino turnout, 70%, which set up latino activists saying basically to obama that you owe us. even states like texas and their future, there is discussion about that, but how have -- how fast will that happen with the fiscal cliff and divisions among the republican base and among the democratic party, moderates against liberals, it is complicated to figure out how big you can go with immigration
guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but...
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Nov 14, 2012
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as congress faces this fiscal cliff, the so-called fiscal cliff that everyone is talking about, what are the right conditions to deal? speaker boehner said under right conditions he will be able to bargain. what are those? guest: i'm constantly optimistic. given the urgency we'll find the solution in time. i think it will be irresponsible. i think republicans believe it will be irresponsible for the president or either party to voluntarily drive off this cliff. one i think it's working towards. i think the key is we need smart balance that gets the economy going, generates more revenue as well as smart spending cuts and restraints. we really think those conditions actually gets the economy moving and, you know, it assures our investors that we are trying to get our fiscal house in order. host: will you want to rework the tax code? guest: i think it's absolutely critical. i don't think how we resolve the debt crisis without doing the fundamental tax reform. here's a great example. recent analysis showed if the economy over the last three years -- excuse me -- if the economy over the l
as congress faces this fiscal cliff, the so-called fiscal cliff that everyone is talking about, what are the right conditions to deal? speaker boehner said under right conditions he will be able to bargain. what are those? guest: i'm constantly optimistic. given the urgency we'll find the solution in time. i think it will be irresponsible. i think republicans believe it will be irresponsible for the president or either party to voluntarily drive off this cliff. one i think it's working towards....
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Nov 10, 2012
11/12
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compared -- fiscal cliff. the president addressed an audience from the white house east room. >> ladies and gentlemen, the president and the vice president of the united states. [cheers and applause] >> thank you. thank you. thank you, everybody. thank you. thank you very much. thank you. thank you very much. everybody, please have a seat. thank you. good afternoon, everybody. now that those of us on the campaign trail have had a chance to get a little sleep, it is time to get back to work, and there's plenty of work to do. as i said on tuesday night, the american people voted for action, not politics as usual. you elected us to focus on your jobs, not ours. in that spirit, i have invited leaders of both parties to the white house next week so we can start to build consensus around the challenges that we can only solve together. i also intend to bring in business and labor and civic leaders from all across the country to get their ideas as well. in a time when our economy is still recovering from the great rec
compared -- fiscal cliff. the president addressed an audience from the white house east room. >> ladies and gentlemen, the president and the vice president of the united states. [cheers and applause] >> thank you. thank you. thank you, everybody. thank you. thank you very much. thank you. thank you very much. everybody, please have a seat. thank you. good afternoon, everybody. now that those of us on the campaign trail have had a chance to get a little sleep, it is time to get back...
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Jul 18, 2012
07/12
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additionally, we see a fiscal cliff. the acknowledged that senator allow thethey would allied th country to go over the fiscal cliff. host: virginia has the potential of losing 200,000 jobs as a result of this sequestration. south carolina is a big military state. what impact does it have on your state? guest: we have the army training facility i represent. we have an entry for marines on the east coast. this has a catastrophic effect. interestingly enough, this is most affected -- a place that does not have a single defense facility. contractors jobs are at risk. we know that with sequestration, and nearly 1 million jobs could be lost. according to "cq" -- over 200,000 jobs in virginia, it would be most catastrophic for that state. we know that it is a thing i will be talking about. the civilian work force could be reduced by 10%. it is in effect across the board. sequestration is misunderstood. the debt ceiling bill last august by -- there was a provision for the super committee and there was an armageddon provision, w
additionally, we see a fiscal cliff. the acknowledged that senator allow thethey would allied th country to go over the fiscal cliff. host: virginia has the potential of losing 200,000 jobs as a result of this sequestration. south carolina is a big military state. what impact does it have on your state? guest: we have the army training facility i represent. we have an entry for marines on the east coast. this has a catastrophic effect. interestingly enough, this is most affected -- a place that...
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Nov 8, 2012
11/12
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princeton young says going over part of the fiscal " read a cliff -- fiscal cliff would cost more than 70,000 jobs. it also confirmed many of those hit with a rate increase will be small business owners, the very people who both parties acknowledge are that he to private sector job creation. there is an alternative. it involves making real changes to the financial changes and reforming our tax code to curb special interest loopholes and deductions. by working together in creating a cleaner tax code, we can get our country is stronger, healthier economy. that means more revenue, which is what the president wants. because the american people expect us to find common ground, we are willing to except additional revenue by way of tax reform. there is a model that supports economic growth. in 1986, with a democrat house, and a republican president named ronald reagan. in 1986, there were skeptics who doubted the economic benefits of tax reform. those skeptics were wrong. a stanford economist said the 1986 reform is the sort of an unsung hero of the good economic times we have had for a long
princeton young says going over part of the fiscal " read a cliff -- fiscal cliff would cost more than 70,000 jobs. it also confirmed many of those hit with a rate increase will be small business owners, the very people who both parties acknowledge are that he to private sector job creation. there is an alternative. it involves making real changes to the financial changes and reforming our tax code to curb special interest loopholes and deductions. by working together in creating a cleaner...
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Nov 9, 2012
11/12
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guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but that is the primary focus. host: what about the immigration reform, margaret talev? when does that come up? guest: in some ways it already has. you saw the latino turnout, 70%, which set up latino activists saying basically to obama that you owe us. even states like texas and their future, there is discussion about that, but how have -- how fast will that happen with the fiscal cliff and divisions among the republican base and among the democratic party, moderates against liberals, it is complicated to figure out how big you can go with immigration
guest: i think that the second to the fiscal cliff. if all of the bush era tax cuts expire without any renewal, and all of the sequestration, across-the-board spending cuts take place, some economists estimate two, three, four points off of gdp, plunging the country into another recession. the best job plan for the president is making sure those things do not happen, and then after that we will see what he proposes again, whether it is a mix of tax cuts for small businesses and stimulus, but...